Precious Metal Futures---The precious metals today on this holiday weekend are sharply higher with gold trading at 1,566 an ounce up $8 dollars selling off from earlier highs while silver futures are up 11 cents to 28.29 and is what has been a choppy trading week for both silver and gold.

Gold futures are up $7 dollars today on this holiday weekend trading at 1,566 an ounce selling off from earlier highs in what has been a choppy trading week for both silver and gold. Gold market has been incredibly choppy this week with lows down at 1,532 and then trading as high as 1,600 with each day basically trading $30 higher or $30 lower and it remains incredibly choppy so I still advise traders to sit on the sideline because it is very difficult to be profi

 Copper Futures-- Copper futures today finished higher in the July contract by nearly 400 points currently trading at 343.00 having a big kick back reversal from yesterday's lows holding major critical support at 340 a pound on renewed optimism that there might be some light at the end of the tunnel when it comes to the European situation.

Silver Futures-- Silver futures this afternoon in New York are sharply higher up 72 cents an ounce currently trading in the July contract at $28.24. Many of the commodity markets are stronger today including all of the precious metals however silver is still stuck in the small little range between 28.50 and 27.00  waiting for some new fundamental news to either continue its downward channel or create a short term bottom.